New Issue: Citigroup prices $1.08 million 8.9% callable equity-linked securities on Russell, S&P

Chicago, Nov. 17 – Citigroup Global Markets Holdings Inc. priced $1.08 million of 8.9% callable equity-linked securities due June 8, 2023 linked to the worst performing of the Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Coupons will be paid quarterly.

The securities may be called at par starting Sept. 9, 2022 and on any subsequent quarterly review date.

If both indexes close above their initial levels or neither index closes below the 75% knock-in level at any point during the life of the notes, the payout at maturity will be par. Otherwise, investors will be fully exposed to the worse performer.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Callable equity-linked securities
Underlying indexes:	Russell 2000 index and S&P 500 index
Amount:	$1,075,000
Maturity:	June 8, 2023
Coupon:	8.9%, paid quarterly
Price:	Par
Payout at maturity:	Par if both indexes finish above their initial levels or neither index closes below its knock-in level at any point during the life of the notes; otherwise, full exposure to loss of worst performer
Call:	At par starting Sept. 9, 2022 and on any subsequent quarterly review date at option of issuer
Initial levels:	2,000.900 for Russell, 4,328.87 for S&P
Knock-in levels:	1,500.675 for Russell, 3,246.653 for S&P, 75% of initial levels
Pricing date:	March 4
Settlement date:	March 9
Agent:	Citigroup Global Markets Inc.
Fees:	2.25%
Cusip:	17330AM58

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